Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates (FOB) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates (CIF) - 2022
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates (FOB) - 2022
The average export price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $5,293 per ton in 2022, rising by 57% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($19,000 per ton), while the average price for exports to Togo ($581 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+109.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $9,221 per ton in 2022, with an increase of 15% against the previous year. In general, the import price saw a strong increase. The growth pace was the most rapid in 2019 when the average import price increased by 196%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($14,882 per ton), while the price for Myanmar ($432 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates
In 2022, approx. 180 tons of spices; cloves (whole fruit, cloves and stems), crushed or ground were exported from the United Arab Emirates; growing by 802% against the previous year's figure. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; cloves (whole fruit, cloves and stems), crushed or ground skyrocketed to $953K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | N/A | N/A | N/A | 272 | 0% |
Iran | 5.9 | 4.3 | 14.1 | 243 | 245.3% |
Niger | 1.0 | 4.8 | 4.7 | 87.0 | 343.1% |
Senegal | 0.3 | 0.1 | 0.4 | 86.9 | 561.7% |
Mauritania | N/A | N/A | N/A | 56.9 | 0% |
China | N/A | N/A | 0.1 | 48.5 | 48400.0% |
Ghana | 1.3 | 1.6 | 1.7 | 38.3 | 208.9% |
Iraq | 15.2 | 6.6 | 4.0 | 33.1 | 29.6% |
Armenia | 1.3 | 0.6 | 0.2 | 12.0 | 109.8% |
Togo | 2.5 | 3.9 | 1.2 | 9.9 | 58.2% |
Sudan | 0.3 | 0.3 | 0.4 | 8.7 | 207.2% |
Others | 44.1 | 67.6 | 40.7 | 55.5 | 8.0% |
Total | 71.8 | 90.0 | 67.5 | 953 | 136.8% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground from the United Arab Emirates in 2022:
- Iran (42.5 tons)
- Indonesia (30.3 tons)
- Niger (27.5 tons)
- Togo (17.0 tons)
- Iraq (14.8 tons)
- Senegal (10.4 tons)
- Mauritania (7.2 tons)
- Armenia (6.4 tons)
- China (5.6 tons)
- Ghana (4.7 tons)
- Sudan (3.0 tons)
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates
In 2022, approx. 102 tons of spices; cloves (whole fruit, cloves and stems), crushed or ground were imported into the United Arab Emirates; with an increase of 441% against the previous year. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground surged to $944K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 31.5 | 40.1 | 53.7 | 437 | 140.3% |
Sri Lanka | 0.4 | 0.6 | 37.7 | 219 | 718.1% |
Madagascar | 58.5 | 46.7 | 30.9 | 168 | 42.1% |
Germany | 11.9 | 29.2 | 7.0 | 58.1 | 69.6% |
Myanmar | N/A | N/A | N/A | 0.9 | 0% |
Brazil | 7.8 | 5.1 | 2.8 | N/A | -40.1% |
Others | 18.6 | 27.6 | 19.2 | 60.7 | 48.3% |
Total | 129 | 149 | 151 | 944 | 94.1% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to the United Arab Emirates in 2022:
- Indonesia (53.5 tons)
- Sri Lanka (20.4 tons)
- Madagascar (20.0 tons)
- Germany (3.9 tons)
- Myanmar (2.0 tons)
This report provides an in-depth analysis of the clove market in the United Arab Emirates.
This report provides an in-depth analysis of the global clove market.
This report provides an in-depth analysis of the clove market in the United Arab Emirates.
This report provides an in-depth analysis of the global clove market.
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
Singapore dominates in the global clove trade. In 2014, Singapore exported X thousand tons of сlove totaling X million USD, X times over the previous year. Its primary trading partner was Malaysia, where it supplied X% of its total сlove exports
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
Singapore dominates in the global clove trade. In 2014, Singapore exported X thousand tons of сlove totaling X million USD, X times over the previous year. Its primary trading partner was Malaysia, where it supplied X% of its total сlove exports